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9/24/2014 2:16PM

Cisco's Chambers: Why I’m Betting on India

Cisco Chairman and CEO John Chambers tells WSJ’s Dennis Berman why India is a great place to invest and do business under the guidance of Prime Minister Narendra Modi. He spoke at the WSJ Viewpoints breakfast.

This transcript has been automatically generated and may not be 100% accurate.

I like ... India ... if you that you remember to marker right now moody X imagination this country this is the use of citizens ... he has the most political party apps yet sorry ... he has the equivalent of both of the house the Senate his terms with his political party ... so far been no one emerging country right now that the town ... on India ... China ... bill but come to us in the last return the stock ... higher the disconnect it easier for second ... and cheered to see gets about Moody ... there have been a lot of CEOs who come back to us that this is India's time ... and on they said that ... with Congress can charge it said that with the beach ... to ... recharge ... what's different this ... picture ... so I bet on India big-time ... almost fifteen years ago daughters Lee Barber time ... but as a vehicle for emerging countries and ... in the graduate six hundred thousand engineers ... a year I can't really be enjoyed sixty thousand people have been arrested him ... and I it's the top five percent of their pockets to continue school so unbelievably I'd I can tell ... I've ... India's issues and that he knew that this time I've been self inflicted ... and I think John if you would help CEO St years ago but still was born out of India are not getting as much because they produce all the problems ... seventy six percent of the economy is internally generated so ... they don't have to probably trade in China over of the country's do ... so it's nice to stay and they control their economy and these tippy execute ... their parties were so device The and ... even though I think the Prime Minister was a very good man ... he was pretty corruption within his party the top ... and they didn't execute and they have the courage ... and so what's different is you have a leader who's going next year ... it's like anything else to go one of ... but that's the case is so I can't deliver ... he will make the tough decisions ... his captured the imagination of people ... he's captured the imagination the business community we almost didn't ... this is more than half off its business ... activity and the ... ice Ascent's ... and he streamlining government in control all the cool ... operation so he doesn't have to deal with a divided ... these are words Congress Senate confirms that a correction ... so that's what you see people standing enthusiastic ... and the dome it's not that ... great ... you begin with the beginning to get a big way ... but that's different to most of the emerging markets we talk about ... you've got to reverse Crumbs Brasil aggression in China ... the challenges that you get the job ... I'm sure that Moody's had a chance to sell yet there is it's only did did some e-commerce enthusiasm about India to get caught in the bureaucratic traffic two am the best that that that unfolds ... on this is interesting to hear you at this early in his tenure ... so forcefully in sourcing ... of belief that this could really be such a change ... that ... by John Carter but I do auto market transitions ... we would always be right ... that you've got a bit before becomes obvious when you were to bet big on India ... I is beginning to be successful now ... they have all the weaknesses though large democracy ... but they have the yen this will population ... a good education system for the very top the need to bring that through ... so if they actually I think you have a great brand